IPO

The Unlikely Comeback of SPAC Kings: Raising Billions Despite Record Losses

1 day ago

In a surprising twist within the financial markets, the so-called "SPAC Kings" are back in action, raising billions in capital despite facing staggering losses of 99% on previous investments. This resurgence has raised eyebrows considering the tumultuous history of Special Purpose Acquisition Companies (SPACs) over the past few years, marked by high-profile failures and investor discontent. Yet, as the end of 2024 approaches, these financial innovators are continuing to draw significant investor interest.

A Banner Year Ahead for India: A Record $19 Billion in IPOs

2 days ago

As India gears up to close the year, the financial landscape is buzzing with excitement following a remarkable surge in Initial Public Offerings (IPOs), which is positioning the country for a monumental financial year ahead. With a towering record of $19 billion raised through IPOs, 2024 is set to be a hallmark year in India’s financial realm.

Chime Takes a Leap Towards the Public Market with Confidential IPO Filing

3 days ago

In a significant move within the fintech landscape, Chime, a leading financial technology startup specializing in mobile banking solutions, has submitted a confidential filing to the U.S. Securities and Exchange Commission (SEC) to initiate the process for an initial public offering (IPO). This strategic decision reflects Chime's ambition to capitalize on its rapid growth and increasing valuation within the competitive landscape of digital banking.

CATL Mulls Hong Kong Listing to Secure $5 Billion Funding

3 days ago

Contemporary Amperex Technology Co. Limited (CATL), the leading battery manufacturer in the world, is reportedly exploring the possibility of a listing on the Hong Kong Stock Exchange. This strategic move is aimed at raising approximately $5 billion to bolster its growth and development ambitions in the rapidly evolving electric vehicle (EV) market.

Kioxia's Challenging IPO Journey in the Bustling Tokyo Market

6 days ago

Kioxia Holdings Corporation, a significant player in the semiconductor industry, is set to launch its initial public offering (IPO) in Tokyo amidst a flurry of activity in the market. The company, which was previously a part of Toshiba Corp., is facing a series of challenges that could impact its performance and investor enthusiasm during this critical period.

LG Plans $15 Billion Valuation for India Unit IPO Amid Growing Market Demand

6 days ago

LG Electronics, the South Korean multinational conglomerate, is reportedly preparing for a significant initial public offering (IPO) of its Indian subsidiary that could value the unit at up to $15 billion. This strategic move highlights LG's commitment to expanding its operations in one of the world's fastest-growing consumer markets. With the IPO, LG aims to capitalize on the burgeoning demand for electronic goods in India, where the market has shown remarkable resilience and growth potential.

ICONIQ Growth Reaps Over $1 Billion from ServiceTitan IPO

7 days ago

In a significant financial milestone, ICONIQ Growth has successfully garnered more than $1 billion through its investment in the initial public offering (IPO) of ServiceTitan. This event marks a notable achievement for ICONIQ, reflecting the growing trend of technology firms successfully entering the public sector.

Turkey's Aydem Group Eyes IPO for Power Grid Operators in 2025

8 days ago

In a significant move signaling its expansion ambitions, Turkey’s Aydem Group has announced plans to initiate initial public offerings (IPOs) for its power grid operators in 2025. This strategic decision is expected to bolster the company’s capacity for capital generation and enhance its operational growth potential in the renewable energy sector.

Carlyle Group Considers $1 Billion IPO for Quest Global in Mumbai

8 days ago

In a significant move that could reshape the investment landscape, Carlyle Group, a prominent global investment firm, is reportedly contemplating an initial public offering (IPO) for its portfolio company, Quest Global. The anticipated IPO could potentially raise about $1 billion and is likely to take place in Mumbai, marking an important moment for both Carlyle and the Indian financial market.

Australia's Largest IPO in Six Years: DGT Digico REIT Set to Launch

8 days ago

In a remarkable turn of events for Australia’s financial landscape, the DGT Digico Real Estate Investment Trust (REIT) is poised to debut in what is being heralded as the largest initial public offering (IPO) in the country since 2018. This significant milestone reflects not only investor confidence but also the evolving dynamics within the real estate investment sector.